Waaree Energies Plans Rs 9,000 Crore Capex In FY26 Amid Strong US Market Demand

Waaree Energies has announced a capital expenditure plan of Rs 9,000 crore for FY26, focusing on expanding its solar manufacturing capacity and strengthening its presence in the US market. The company highlighted minimal tariff restrictions as a key factor supporting growth in the Indian solar power industry, while also noting that AI and data centers will significantly boost electricity demand in the US by 25% over the next five years.